Red Bull

Red Bull Racing is one of two Formula One teams owned by Austrian beverage company Red Bull (the other being Scuderia Toro Rosso). The team is based in Milton Keynes in the UK but holds an Austrian licence. The team is managed by Christian Horner, boss of the Arden International GP2 Series team.

Jaguar Racing was put up for sale in September 2004 when Ford decided it could "no longer make a compelling business case for any of its brands to compete in F1." Red Bull, a large energy drinks company, agreed its purchase of Jaguar Racing on the final day of the sale, 15 November 2004. The team continued to have access to the Cosworth engine developed for their 2005 chassis, and the operation continued under the new title.

Red Bull Racing was one of only four teams (the others being Ferrari, Midland F1 and WilliamsF1) to have signed the Concorde Agreement starting in 2008, guaranteeing its long-term involvement in Formula One. However, more recently further teams have submitted entries securing the future of Formula One.